• Cisco announced the deal on Monday, agreeing to pay $17.5 million up front, and the remaining amount of $27 million over four years for the set-top box business. The deal should close in first half 2010.
• DVN sells digital broadcasting equipment and services in China. Cisco said it also plans to enter into an alliance with DVN to utilize its software, applications and support services. The acquired STB business will become part of Cisco's international cable business unit, but the DVN business will continue to run from China.
• Cisco called the Chinese cable market the largest in the world with 160 million subscribers and another 200 million expected to become customers in the next three to five years.
• The deal helps Cisco strengthen its foothold in a fast-developing market, where cable is leading the transition to digital TV. That will lead to a host of related opportunities for digital content delivery and management – perhaps all on Cisco gear.

Chinese: http://tech.sina.com.cn/t/2009-11-03/08503559170.shtml